Flipping Guide.

Discussion in 'RuneScape Miscellaneous' started by clawed, Sep 16, 2010.

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Flipping Guide.
  1. Unread #1 - Sep 16, 2010 at 1:22 AM
  2. clawed
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    clawed Active Member

    Flipping Guide.

    [CLAWED'S EXTREME FLIPPING GUIDE]

    Flipping is a term used in Runescape to purchase items, (mainly in the g.E), especially the lowest you can
    get them and flip them buy selling them back higher then your purchase price, a.k.a merchanting.

    Flipping is a way to make cash in runescape without the neccessary tedium of having to train a skill and
    selling whatevers earned or killing your way through monsters and selling drops. In this guide there will
    be methods involving concentration in having to go through the grand exchange on the Runescape website and
    some methods that just buy and sell while your onto something without the need to check up.

    Advice before we Begin:
    If you are prepared for all means making money then using www.geupdate.com, will be good help as the g.E
    updates prices randomly about 1-2 times per day average. It will instantly message you via, email or text
    message, (SMS). Or some other sources of finding out of an update quickly.


    Contents:
    * Flipping Basic Method
    * Daily Easy Merch
    * Grand Exchange Sniping
    * Methods of Complex Merching
    * Clan Bomb Merching



    Flipping Basic Method:

    This is a starter method for those who would like to try merching with an actual taste. A very basic rule
    would be buying small and selling big but that rule comes into alot of ways. I will now explain a method
    not really just telling items that you should use as prices go and change every time.

    Now to start, find something that has alot of variation and movement preferably something that will
    change up and down at a regular basis, (not needed), for example I check out on, "Cowhides", the current price
    is 200GP, (assuming). We now take a look at the pattern preferably the 180day pattern. If we can see anything
    going on such as extreme rises and crashes then we'd better change to something else.

    Now that we've chosen a decent item that will rise a lil and drop maybe a few times by a little then we'd
    better start acting. If we were to say this is just going up at a low rate with not much of a difference
    then we will now purchase the item at maximum. Usually when we exchange items at the grand exchange for
    the maximum, market or minimum we may sometimes receive a little refund or extra pay. That is usally given
    for generousity of the player.

    Since we've purchase the item for the maximum we should now likely to receive a proportion of the paid part
    back. If you just received the item without any proportion then you may rather choose another item to
    merch as this has a bitter pattern which we weren't looking for. Preferably something stable in the g.E.

    Now that you've got a tiny refund of the item deduct the maximum exchange value by the refund; that will
    now be known as the BUY PRICE which in the near future could be the market price. Jot down the buy price
    as we now explore the price to purchase once again as the first order was the test. Now that we know the buy
    price we should now start purchasing for real without the hassle of disagreement.

    If the buy price is in between 1K-10K, buy for 20-40GP below its buy price. If its between, 10-50k then
    buy at 200-350GP below buying price. If the buying price is between the range of 50k-100k then buy 1k-1.5K
    below buying price. And if its buying price is between 100k-1M then purchase 1.5k-2.5k below buying price.
    Possibility of a wait could occur but it'll come.

    Always threaten to purchase something as low as possible. Now that you've got your items ready to be sold
    resell them back in range from buying price-maximum. Never under-estimate the popularity of items. This
    flipping method is a basic but quite effective and is the general understanding and purpose of flipping. It
    works perfectly well but in some days there might be some waits but some people without patience or with the
    extreme demand will use as much just to receive it.

    Remember a rule is that the more money you have the more you'll gain but you've gotta start somewhere, but
    generally with the same amount of cash and merching an item you will receive the same amount of profit no
    matter the quantity but the cash you use it on.



    Daily Easy Merch:

    This is pretty much a basic example of people who just merch without knowing it or just people who don't
    want to do all the research.

    For example I purchase any random item off the g.E without knowing basic history of this item at Market price
    or lower or between market and maximum, might take a while no matter whatever price you purchase. After the
    purchase you decide to sell it right after you receive it for a price decently above the price you bought it
    from for profit.

    This works pretty much everytime but there is a daily wait it might go upto, there are some items that are
    nearly impossible to purchase and sell in the g.E but this works for nearly all items and is commonly used
    accidently when you buy something like a, "Saradomin Sword", then you want the cash back cause your bankrupt
    or you dislike it then you sell it back for a profit.

    Always use a general amount of cash that afflicts 1/4 of your cash and buy something that will consume your
    GP in a low amount of quantity. This will work 93% of all g.E items but sometimes you get the feeling that
    it works even more effecintly and more likely. This will help you develope the sense that flipping comes
    in great simplicity.

    The tip for this category would be effective purchases can be made by buying proportions and selling abit
    of your items one day or one hour and investigating on possibilities of future prices or for warnings.



    Grand Exchange Sniping:

    Like sniping your shooting something down for it but g.E sniping is basically getting your hands on something
    that nearly impossible to afford because of its street price, because of the rarity of items like, "uncut onyx,
    royal crowns", they will gain a price of what the people of Runescape believe. This price is mostly somewhat
    unaffordable compared to there g.E price.

    What we do is we wait like snipers for a moment, in our case we wait for an update to come by (g.E update), we
    then take advantage of this moment and we throw our maximum offer in the g.E, and we wait for someone to sell
    within this moment cause we've got our maximum offer first on the runescape g.E we now wait till someone sell's
    in which first come, first gets and first goes. And theres always gonna be someone here to sell on the g.E
    for the g.E price.

    Advice on street price, usually this is well above price range and in these situations most people will collect
    large amounts of unwanted items known as junk and with there selling item they will sell for an extreme amount
    of GP.

    Junk trading is permitted so as the whole of this guide and is looked as helpful of the use useless junk. Jagex
    considers this a good idea as well, so many people will junk trade for large amounts.

    Back to the subject at hand, grand exchange sniping may be also used to flip because of the popularity if were
    assuming that this item is like an uncut onyx, royal crown, or especially discontinued items. Because if this
    item was so wanted we could add some junk into what were selling or just rl trading and purchasing gold after.



    Complex Merching

    This topic comes into many categories depending on the way you may use it. The ways that differentiate the methods
    are like ways of seeing graphs and patterns, and what we believe in the future of possibilities and the many
    outcomes that we bring you to riches or turn you into such a bankrupt person.

    Since the day runescape has been rising in players and the prices of everything in the g.E started exploding
    in prices there will be falls such as the rock-climbing boot crisis which crashed a few and made a few fall.
    This is a recent example of the many unexpected things that may fall in your path.

    So back to the topic at hand. Complex merching is only complex cause of the strategies used in the g.E and not
    the advertising and purchasing and selling. Now I'll explain some types of complex flipping which will be known
    as the, "hard yards". Basically this will make more GP then simple ways in which is the main purpose of complexity.

    Suicide Flips, not assuming that your using everything you have but it does mean your using alot but not
    neccessarily applying to you. This is when you research an item off the g.E. Heres the method: Something that
    stable most of the time but may move somewhere 5% above or below its original price. Find something off the
    g.E with something moving there and about. Usual jumps may help abit.

    A good example would be lobsters. You now use a generally large amount of cash, (you may now tell this is not
    a noob-friendly method), you will now wait for a right moment to strike in which you wait for it to rise into
    a price you will sell which may take a long term time to accomplish. Never sell at a peaK price as you really
    want to sell at a price people will notice for them to resell hoping for profit themselves.

    This complex method may be a suicide mission but it does take the research to define where its peak may goto and
    where you can reach upto. Long term merching is basically investing but always stick to 5% going up or down
    but jumping and reasonable.

    Thats just a simple-complex, (justification, hoping not to confuse), method but gets the job done effectiently
    this is pretty much why people discuss about losses but always try to not try this if it takes more then 86% of
    your GP. As it is proven that 14 of your GP on average is base cash. And the rest is pretty much profit of 8
    major merches. As long as you have 75-95% alive your safe.

    Heres another merching method that takes on borad items that will fall big then stay flat then fall then flatten
    or go up then flatten which is the other way. This is mostly known as crashing of an item or increasive demand
    usually there'd be sold instantly at minimum if any update effects prices. Always take advantage of this
    especially the ones that are worth over 30M and are crashing. Purchase when they fall over 12-23% and wait for the
    perfect time to shine as these moments are somewhat rare but the more expensive things get these common so forget
    partyhats and christmas crackers.

    Another complex but easier to spot method would be the 1-3% falls a day in which you should start purchasing
    when you've got the item now start flipping this as if it was a basic flip. You should receive 7-8% profit per
    weekly flips if the items fall 1-3% a day.

    Never be in a rush to buy items as this will lead to you being one of the people causing the rise. Exactly
    so if you put in an offer everytime in the g.E, you'd be one of the people giving a chance of boosting the price
    but if your selling same way vice versa.



    Clan Bomb Merching

    You'd often see clans advertising all over g.E just to grab you into a merching clan, guess what they've got an
    item for you to merch. The main benefits are that you and your clan are trying to boost the demand rate and at
    the same time your grabbing some of the items yourself to sell. This when a whole clan decides to buy the item at
    minimum to maximum but will soon raise the price and drop it all when it gains price value. Yet this is effectve
    but not as powerful as soloing flips, main benefits are more pricey value but guess what, you've gotta sell it
    before your clan does.

    {INCOMPLETE GUIDE}

    This guide may be similar to several other flipping guides as flipping basically has the same concept even if
    it makes more money then others. But this guide was helped produced from other ideas but was still produced
    by myself even though I'm going to give credit to Rsbot because I didn't know the exact thread in there.



    To request the PM's simply PM me about it on sythe or simply add my MSN on my signature and we can go through it
    there. By the way if theres anyone out there kind enough to help make me an avatar or signature for my SYTHE
    account please help me.

    oH YEAH, and I hope this helps. :D
     
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